(Yicai Global) July 4 -- A polarizing film facility in Fuqing in China's Fujian province started production on June 30. Flat panel display glass substrate manufacturer Dongxu Optoelectronic Technology Co. [SHE:000413] and overseas firms including Japan's Sumitomo Chemical Co. had backed the project.
It took 105 days to build the center and put it into operation. The project is designed to make 10 million square meters of polarizing films a year, Dongxu Optoelectronic said yesterday.
Polarizing films are optical films that are placed on the outside of liquid crystal glass substrates and are a key raw material for making liquid crystal panels, accounting for 15 percent to 20 percent of liquid crystal displays' production costs, Dongxu Optoelectronic said.
Chinese panel makers have long relied on imported polarizing films.